[explo 629]

Interesting development. The board can't fire the Chairman, right? So I guess it is a question about voting power. In latest 20-F Shi had 30%, but 10 other directors and executives of the company were listed as having each more than 5% share without listing exact amount for respective name. It looks like it's management owned and that Shi shared too much with his colleagues. Should we expect an extra general meeting to be called so that Wang can replace Shi in a legal way?

[Guest larryvand]

Suntech Power Raised to Mkt Perform From Underperform by Raymond James >STP Last update: 3/6/2013 9:21:53 AM (END) Dow Jones Newswires March 06, 2013 09:21 ET (14:21 GMT) http://custom.fmg.dowjones.com/custom/tdameritrade-com/html-story.asp?guid={569edb86-cfd9-4d2d-bf29-d15e9c2b62b0}

[Guest photon]

That's because they want to dump STP shares. Sell into the upgrade.

[Guest Boss]

That is insane!!!!!!! I wonder why those crooks upgrade. Absolute sell in any strength of STP shares.

[Guest rational_judgement]

This dilutes the upgrades for other companies.

[Guest Klothilde]

Speaks for the quality of some of the "analysts" out there... I only listen to what a handful of them say, no more.

[Guest larryvand]

Photon, then it should be made illegal by the SEC if you upgrade and then turn around and sell on the upgrade. Raymond James are crooks.

[Guest ILOVEPV]

you never know what is an actual reason for upgrade. TSL was upgrated too despite a huge short interest that actually contradicts a common sense because shorts are the wall street affiliated trading groups. Probably some conflict of interests takes place. As for STP the stock is closing again to historically low level while being in an oxygen support from Federal and local governments. Probably this support will be continued, that is why analyst think it worth more. From my point of view both STP and LDK have close to zero chance to survive by their own but in a case of really exploding demand they can rebound a business. Any thoughts?

[Guest larryvand]

STP and LDK might survive because of federal and state bailouts, but even if that was to happen, federal and state will suck up all the equity from the companies leaving $0 for the current shareholders. So I fail to understand why both are not trading close to zero. What do the STP and LDK shareholders are thinking?

[Guest Boss]

What do the STP and LDK shareholders are thinking? They do not have a brain to think,that is the reason they bought STP and LDK in the first place. LOL

[Guest spiritcraft]

Even with the weirdness of last day with the chairman refusing to leave? Who get's upgraded during a sideshow like that? They should be embarrassed but you know they are selling it. I think they likely camouflaged it among the other upgrades.

[Guest Klothilde]

What do you guys think will be the impact on solar 11 share prices if Suntech goes bust in 9 days or gets taken over by a Chinese state-owned enterprise? Can it trigger a sell-off?

[Guest ILOVEPV]

probably it would trigger a very short-live big scale sell-off - a typical wall street strategy. It is going to be the last chance to pick up cheap shares.

[Pop2mollys 414]

If STP went bust select stronger solars would rally hard. It means capacity taken off market and strong get stronger. Cross check the day china announced said they were going to promote the wak to fail and consolidation.... Sector rallied hard

[Guest photon]

Wall St Analysts are crooks any way one looks at them. I was watching CNBC on Monday and they had a segment on F'd Up upgrades and downgrades. The examples they provided were absolutely ridiculous. I have learned to do the opposite of what these bozo analysts say. STP being upgraded is proof in the pudding.

[odyd 1,304]

what was the reason for the upgrade? If they know what happens to the bond, they may expect lift in price. 8 days left.

[Guest ILOVEPV]

a couple of years ago I was reading a nice private research made in York University, Toronto (was not published) how analysts recommendations correlate with subsequent outcome. Without deeping into details a general result was terrible: 90% failure. If you toss a coin your mistake is only 50%. Resume: analysts are paid liers because any qualified pros. with a certain access to insider info should predict market better than a coin tossed.

[Guest larryvand]

Suntech’s Ousted Founder Says Board Has No Plan for Debt By Ehren Goossens - Mar 6, 2013 8:25 AM MT http://www.bloomberg.com/news/2013-03-05/suntech-s-former-chairman-shi-shocked-at-purported-removal.html?cmpid=yhoo

[odyd 1,304]

I read this, but did Shi not complain that everyone wants to talk to him but he is not in the meetings? So if he is not in the meetings how does he know what plan they have? Things change rapidly. I read that he wanted to bankrupt Chinese subs and use US sub to be free of debt, to run the whole thing. Like I said 8 days left and we will know.

[Guest sony1]

What's cooking in LDK STP